# Roper Technologies to sell majority stake in industrial business to Clayton Dubilier & Rice for $2.6B

Roper Technologies agreed to sell a majority stake in its industrial business to private equity firm Clayton Dubilier & Rice for $2.6 billion, keeping a 49% stake in the business to be spun off as a standalone company. The announcement was made on June 1, 2022.

- Type: Acquisition
- Announced: 2022-06-01
- Value: $2.60B
- Status: announced
- Products: industrial solutions and software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Clayton Dubilier & Rice](https://endata.com/companies/530.md) (acquirer)
- [Roper Technologies](https://endata.com/companies/9293.md) (partner)

## Sources

- [reuters.com](https://www.reuters.com/legal/transactional/roper-technologies-sell-majority-stake-industrial-business-26-bln-2022-06-01/), 2022-06-01: "Roper Technologies Inc said on Wednesday it would sell a majority stake in its industrial business to private equity firm Clayton Dubilier & Rice LLC for $2.6 billion as it seeks to focus on its software business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
